Common use of Development of Licensed Product Clause in Contracts

Development of Licensed Product. Alcon shall use best efforts to develop the Licensed Product for approval in the widest number of geographic markets consistent with the Development Plan and its overall product development strategy. Such development shall be pursued at Alcon's own expense. Alcon shall use its good faith business and scientific judgment as applied to commercial development projects, to allocate sufficient time, effort, equipment and facilities to carry out development of the Licensed Product. Alcon shall devote the same degree

Appears in 3 contracts

Sources: Evaluation and License Agreement (Pharmacyclics Inc), Evaluation and License Agreement (Pharmacyclics Inc), Evaluation and License Agreement (Pharmacyclics Inc)